VP, Accounting Policy Services

Arch Capital Group • White Plains, NY

10d • Hybrid

About The Position

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. We are seeking a candidate to join our Corporate Finance Team as a Vice President, Accounting Policy Services located in White Plains, NY. This individual will lead US GAAP accounting research and documentation in conjunction with a variety of non-standard transactions that may arise in our worldwide insurance, reinsurance and mortgage operations. Additionally, they will work on new or proposed accounting standards set forth by the FASB and/or SEC, and other general corporate accounting matters. The ideal candidate must have strong written and oral communication skills, an analytical mindset, and the ability to multitask to effectively manage his or her time across various roles and responsibilities. This individual will report to the EVP, Deputy CFO. This role may require limited travel. This role is hybrid from White Plains, NY with two days in the office, and three days remote.

Requirements

• 8+ years of US GAAP accounting experience in a similar role, specializing in the property/casualty insurance industry
• Strong skills in Microsoft Office Suite: Word, Excel, PowerPoint; ability to model and create complex spreadsheets, look up tables, pivot tables, and understand/analyze the results
• BA in accounting
• CPA required
• Excellent interpersonal skills and track record of effective interactions with individuals at all levels of the organization
• Strong knowledge of financial accounting for financial services, including, but not limited to, issues around risk transfer, reinsurance accounting, business combinations, consolidation, equity method of accounting, derivatives, revenue recognition and segment reporting
• Demonstrated ability to meet deadlines while working independently and as part of a team

Nice To Haves

• Public accounting experience a plus
• Public company experience a plus
• US Statutory and/or IFRS accounting experience a plus

Responsibilities

• Partner with Executive and Senior management to ensure the integrity of the Company’s US GAAP financial statements
• Develop and maintain group-wide corporate accounting policies
• Monitor and assess the appropriate application of US GAAP accounting policies across the organization, the impact of accounting standard changes and lead implementation efforts where required
• Support the Company’s business leaders and segment finance professionals by providing expertise related to accounting guidance applicable to significant, new or unusual transactions.
• Monitor and effectively communicate the impact of new accounting policies on the Company’s consolidated financial statements and segment reporting to executive management
• Collaborate with other groups and/or departments across the organization to implement new accounting standards/disclosure requirements and support the Company’s publicly filed financial statements and disclosures
• Ensure alignment of accounting policies as it relates to M&A transactions
• Manage relationships with external auditors as part of the annual audit and quarterly review process, including accounting/audit issues, audit fees, timing of audit work and deliverables
• Review and/or perform due diligence work on potential transactions
• Manage and develop accounting policy & finance staff

Benefits

• multiple medical plans plus dental, vision and prescription drug coverage
• a competitive 401k with generous matching
• PTO beginning at 20 days per year
• up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
• basic Life and AD&D Insurance as well as Short and Long-Term Disability
• Paid Parental Leave of up to 10 weeks
• Student Loan Assistance and Tuition Reimbursement
• Backup Child and Elder Care

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 1,001-5,000 employees